when a stock aint growing year on year thats when the valuation starts becoming ridiculous. If the stock is continually putting in higher figiures year on year the sky is the ceiling.
APX is being hit because its gone backwards. Until the market sees its back to growing again this will continually get sold into cause at the moment with its current valuation for a stock that is going backwards according to the last financial report is overvalued.
Hence why I keep saying STOP TRYING TO CATCH A FALLING KNIFE. This is still at 1 billion valuation could easily fall to 500 mill MC. Market needs to see a turnaround again, only way itll see that is the half yearly or annual report which aint for 3 or so months away so why tf would you buy it now when there is nothing thats gonna currently turn it around?
Common sense. the trend atm is still down. You need to see ACCUMULATION PHASE which takes months and sometimes years. Its still in PHASE A as its making lower lows. Look how much time you have to take a position once its in accumulation phase. Like I said its not gonna bounce from $8 to $18 in one day lol.
DYOR buy atm APX is a pass unless you want to lose money or hold something for a couple of months with no capital growth. better off leaving it in a bank
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Last
62.5¢ |
Change
0.050(8.70%) |
Mkt cap ! $138.9M |
Open | High | Low | Value | Volume |
57.5¢ | 63.5¢ | 57.5¢ | $2.922M | 4.793M |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 68188 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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63.0¢ | 115580 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 38191 | 0.625 |
2 | 160000 | 0.620 |
1 | 150000 | 0.615 |
1 | 100000 | 0.610 |
9 | 90758 | 0.605 |
Price($) | Vol. | No. |
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0.630 | 112580 | 2 |
0.635 | 139828 | 7 |
0.640 | 73783 | 7 |
0.645 | 114733 | 4 |
0.650 | 187956 | 19 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
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Change
0.050 ( 8.23 %) |
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Open | High | Low | Volume | ||
58.0¢ | 63.5¢ | 57.5¢ | 1145392 | ||
Last updated 15.59pm 10/05/2024 ? |
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